Property Analysis | 120 Southeastern Ave

Property Analysis For: 120 Southeastern Ave

Year	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15

Revenue
Rental Income	15,600	16,115	16,647	17,196	17,763	18,350	18,955	19,581	20,227	20,894	21,584	22,296	23,032	23,792	24,577

Expenses (Recurring)
Mortgage Payment	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090	9,090
Estimated Annual Property Taxes	961	990	1,020	1,050	1,082	1,114	1,147	1,182	1,217	1,254	1,292	1,330	1,370	1,411	1,454
Estimated Annual Homeowners Insurance	672	692	713	734	756	779	802	826	851	877	903	930	958	987	1,016
Annual Property Mgmt Fee	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Expenses (Recurring)	10,723	10,772	10,823	10,875	10,928	10,983	11,040	11,099	11,159	11,221	11,285	11,351	11,419	11,489	11,560
Annual Cash Flows	4,877	5,342	5,824	6,321	6,835	7,366	7,915	8,482	9,068	9,673	10,299	10,945	11,613	12,303	13,017

Expenses (Periodic)
Vacancy Costs	125	645	666	688	711	734	758	783	809	836	863	892	921	952	983
Maintenance & Repairs	0	1,209	1,248	1,290	1,332	1,376	1,422	1,469	1,517	1,567	1,619	1,672	1,727	1,784	1,843
Tenant Placement Credit	-650	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	650	200	200	716	200	200	200	816	200	200	200	929	200	200	200
Total Expenses (Periodic)	125	2,053	2,114	2,694	2,243	2,310	2,380	3,068	2,526	2,603	2,682	3,493	2,849	2,936	3,026

Total Return On Investment
Acquisition Down Payment	-39,950	0	0	0	0	0	0	0	0	0	0	0	0	0	39,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,752	3,289	3,709	3,627	4,592	5,056	5,535	5,414	6,542	7,070	7,617	7,452	8,765	9,367	9,990
Tax Savings	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	-17,084
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,888
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,843
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,964
Total Capital In/Out	-39,868	5,120	5,540	5,458	6,423	6,886	7,365	7,245	8,372	8,901	9,447	9,283	10,595	11,198	238,623
Total Return On Investment (IRR)	22.94%

Returns are estimated and not guaranteed. Actual investment performance, including IRR, varies and cannot be precisely predicted. Assumptions should be independently assessed. There may be other additional costs.